on May 4, 2011 at 5:03am.
Board of Trustees Meeting on December 1, 2008
AGENDA
Approval of Consent Agenda:
1. Payment of Bills
2. Request to approve minutes: 11-17-08
3. Request for approval of MTA budget.
Approval of Regular Agenda:
4. Request for approval of a Charitable Gaming License for Mt. Brighton Ski Patrol petitioned by Dick Thalacker.
5. Request for review of Genoa Charter Township Investment Policy.
A. Review of current Township investments.
B. Clarification of 11-17-08 minutes directing the Administrative Committee to review investment policy.
GENOA CHARTER TOWNSHIP
BOARD OF TRUSTEES
DECEMBER 1, 2008
MINUTES
Supervisor McCririe called the regular meeting of the Genoa Charter Township Board to order at 6:30 p.m. The Pledge of Allegiance was then said. The following persons were present constituting a
quorum for the transaction of business: Gary McCririe, Paulette Skolarus, Robin Hunt, Todd Smith, Steve Wildman and Jim Mortensen. Also present were Township Manager Michael Archinal and two
persons in the audience.
A Call to the Public was made with no response.
Approval of Consent Agenda:
Moved by Mortensen, supported by Wildman, to approve all items listed under the consent agenda as submitted. The motion carried unanimously.
1. Payment of Bills
2. Request to approve minutes: 11-17-08
3. Request for approval of MTA budget.
Approval of Regular Agenda:
Moved by Hunt, supported by Skolarus, to approve for action all petitions listed under the regular agenda. The motion carried unanimously.
4. Request for approval of a Charitable Gaming License for Mt. Brighton Ski Patrol petitioned by Dick Thalacker.
The ski patrol will hold three or four benefit events a year. Each event will run for three or four days. New state law requires a resolution of the Township Board stating that Mt. Brighton Ski
Patrol is in fact a charitable organization. Members of the ski patrol will donate their time to work at the BelMark Bowling Alley in Ann Arbor for each event.
Moved by Smith, supported by Wildman, to approve the resolution as petitioned. The motion carried by roll call vote as follows: Ayes - Smith. Hunt, Wildman, Mortensen, Skolarus and McCririe. Nays
- None. Absent - Ledford.
5. Request for review of Genoa Charter Township Investment Policy.
A. Review of current Township Investments
Hunt provided a memo related to bank information and the investment of township funds. The memo listed eight banks with a total investment of approximately $12,600,000.00.
B. Clarification of 11-17-08 minutes directing the Administrative Committee to review investment policy.
It was the consensus of the board that the Administrative Committee and Township Auditor Ken Palka would review the investments of the township, with options of paying additional principal
against some of the special assessment districts as well as a review of other optional investment vehicles.
The regular meeting of the Genoa Charter Township Board was adjourned at 6:55 p.m.
Paulette A. Skolarus
Genoa Township Clerk
(Press/argus 12/05/2008)